Say, $X$ is the number of heads obtained in $n=10$ trials, so, $X$~$Bin(10,0.5)$.
I am a little confused in it's median.
Not in calculation, but it's meaning.
For $n=10,p=0.5$ the binomial distribution is symmetrical and Mean=Median=Mode=$5$.
Now, when I see $Mean$=$5$, I say, out of $10$ trials, the expected number of heads equals $5$.
When I see $Mode$=$5$, I say the chances of obtaining $5$ heads on tossing $10$ coins is the highest.
Now I don't really know what to make of $Median=5$.
I mean $X$ is the number of heads in $10$ coin tosses. How to interpret the median here ? By definition median tells us about the middlemost value in the data.
But what does it tell here? Can anyone help ?